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Activity in services sector falls to record low

Source: Lateline Business
Published: Tuesday, August 5, 2008 9:47 AEST
Expires: Monday, November 3, 2008 9:47 AEST

In another sign of a slowing economy, Australian Industry Group's services sector index has fallen to a record low. And the mining sector, which is widely perceived to be buttressing the Australian economy, is increasingly concerned about rising costs.

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Tags: business-economics-and-finance, economic-trends, mining, australia

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